I've heard from multiple people about how inflated the assets are and high the P/E ratio is, hence not a good time to invest in the market. Long term investors, how do you deal with this argument? P.s. I understand the time in the market>time the market.

like
Posting as :
works at
You are currently posting as works at

I don’t deal with the argument, I ignore it and let them try to time the market if they want. Look long term and just buy up and down

likeupliftingfunny

Lots of people have excuses for not investing. They often find themselves kicking themselves in the future.

Lots of people thought the real estate market was on a bubble in 2017, and again in 2019. 2019 investors wish they could have gotten 2017 prices. 2021 investors wish they could have gotten 2019 prices.

I won’t say all markets always go up, but with a long enough time frame (typically 3 to 7 years), markets tend to trend upwards overall. Don’t invest for the short term and you should come out ok.

likesmarthelpful

We bought a place in 2019 and my friend said I was a fool to buy in such a hot market. He wanted me to wait for market correction in 2020 which never happened.

The fact is we had money for downpayment and mentally prepared to invest.

So don’t time the market and just invest when you are able to financially and emotionally.

Also the key is to keep investing regularly over a period of very long time.

likesmart

Asset prices are inflated because interest rates are low. Asset prices are just discounted future cash flows, and the discount rate is currently low. Eventually, the discount rate will rise, which will be a headwind to asset prices, but who knows when that’ll be?

There’s also plenty of empirical evidence that market timers substantially underperform price-independent buy and hold strategies.

like

The market was down 80% during the dot come bubble. Who has the stomach to keep the equity in the market during that time? It bounced back in about two years, but didn't recoup its loses in 15 years...

like

Same as EY1; I didn’t blink in 2000, 2007, or 2020, just kept steady and DCAed in at all those sweet low points.

like

I ignore everyone else and buy whatever I think is right

like

In 7 of the 11 drips, it took one year to recover to its previous all time high. The most extreme case is 8 years. I think the hard question is if we have the gut and confidence to stay in for that 8 years.

Post Photo

That means you are buying at a discount for 8 years, if you assume the market will eventually go back up

like

EY1: Love the way you look at it

Related Posts

How do people here reduce their tax bills? Me and my SO earn about 400k gross and take standard deduction. We don’t own real estate, only S&P500.

like

Does anyone think there is long-term viability in Cryptos?

like

Kpi reply krta b h is group me
Techm need NPS account from kotak only
How to open a new one.

Could this be an ICO? This seems like a massive crypto play.

Post Photo
like

How much have you saved from refinancing your student loan?

What's up with risk declaration?

I'm working as an Assoc Consultant at KGS Advisory (tech). Are employees allowed to invest in all mutual funds (except those on REL)?
What are the restrictions for people who are not auditing?

like

New Chase Preferred card received. Any tips on how to meet the minimum spend?

like

You know how when you do something bad to someone else you get bad karma w that person? Who decided who was in the wrong? What if you both think you’re right? Who gets the karmic debt?

like

How common are credit checks for roles in accounting or finance positions? Will high utilization on credit card balances and low credit score be a deal breaker? I’ve been irresponsible and made mistakes, but wondering if I can switch jobs now or if I’m best off waiting 1-2 years and cleaning up my credit first.

like

What does 401k mean?

like

Where in Atlanta do you live and how much is your home? I thought Atlanta was supposed to be an affordable city? In the market for a town home and it’s only getting more expensive .... single income.

like

Recent college grad with ~$25k in student loan debt and no investments. I have about $10k I want to invest but I have no idea where to start. Please help

House flip question

Hey all newbie here. My husband and I are living that Double Income No Kid life wanting to (Financial Independence) Retire Early.

Both in tech in the Bay Area. I’m in Arizona visiting family and am thinking of an investment property. Does anyone have a book/course/video that they personally have used and recommend for flipping houses? I want to do some research there’s a lot of content out there.
Thanks a bunch!

like

Let's say through a combination of aggressive saving, high income, and savvy investments, I manage to save several million by the time I'm 40.

If at that time I decided to pursue my passion and go to law school so that I can be an affordable attorney for worthy causes, will my age hold me back from getting into law school?

likeupliftinghelpful

From a financial standpoint in this market, which would be a better approach in Austin -

1. Buy a ~8-850k house that meets most of our ideal criteria (size, schools, interiors etc) to stay long term

2. Buy a ~5-550k house that’s not ideal with the plan of moving into an ideal home in 4-5 years when kid is ready for school.

How easy is it to get a mortgage for the second home?

Household income - 300k

Happy to add more details as needed

Thanks

What does everyone think of Bitclout.com ? Intriguing concept of investing in individuals but currently you can’t cash out and can only use crypto to buy in. ‘Flash in the pan’ or the next massive trend?

like

Does anyone know how to roll options in Fidelity’s app? Recently moved from TDA to fidelity

like

Currently I pay $1900 for a brand new & modern 1BHK in the Greater NYC area. Moving to SF later this year. Any recommendations on how much to budget for SF? Will be working in Downtown area & currently got a car. I am little bit divided on whether to sell the car or move it to SF.

Looking for a good neighbourhood and ok with 30 minute commute to work.

like

Guys, I had very less HRA for April 2022 till August 2022. I was showing 1 lac annual rent .I joined new organisation in sept and now HRA is 43000 per month. Would that be okay to show high rent as 30000 per month to my wife as landlord. Earlier I was paying 9000 rs per month to different landlord. @ IBM

like

If you could buy a house in nyc, would you pick west village, Williamsburg, ues, uws, or Astoria?

like

More Posts

Got a case where client got in a car accident and called the police the other driver gave completely fake information and the police didn't check it. What's our recourse to track them down?

like

Is deal flow starting to pick back up? Just started as an FDD analyst and would love to keep my job

like

Where in Dubai do you live? Which areas would you suggest for MBB consultant? Thank you

like
like
like

What's the highest salary you know for a fact that someone in advertising is on, and what's their role and city?

like

Hi Fishes,

Citiustech healthcare technologies is hiring for multiple roles. Java,C#,.net,Angular . Training will be provided for senior software engineers under Java impact program with attractive bonuses.
DM me if interested..

like

Hi fishes,
Does Cognizant has any portal where we can check our selection status?

like

Does LTI gives offer for 2 months notice period?
I had completed my hr round, and hr told she will be ok for 2 months notice period,I had received an Email that I had cleared all the stages but still doesn't hear back from them

like

Too real 😭

Post Photo
likefunny

Feel like I missed the boat years back to get into Director of Product role. Back in the day there was only Senior in between a Director role, now there’s Lead and Group levels, so much hierarchy now.

like

Is it possible to get International mobility in UBS ?

Have an interview coming up. Am nevous about bombing. What usually trips you up and what should I look out for?

like

What's the expected salary for a pharmacist in French hospital in California?

like

@Quest Diagnostics
I have been a phlebotomist for the last three and a half years with quest. I have over 20 years of experience. And have been trying to transfer to a different state. I believe that I am being blocked from my transfer even though my manager approves it on paper. Is there any way I can find this out. If I can't successfully transfer I may have to look for work outside of my current employer.

like

Any good dad jokes?

like

Hello fam. T&E is back online.

like

What are the health benefits given by Verizon ? What is the floater sum insured for the family ??

My ex employer did not give me my Pf account information and I want to take action on HR team. Please suggest. They even man handled me for asking basic info

like

Can I bring my parents and sibling also in relocation reimbursement and also for the hotel accommodation?

like

Additional Posts in Personal Investment Chatter

House flip question

Hey all newbie here. My husband and I are living that Double Income No Kid life wanting to (Financial Independence) Retire Early.

Both in tech in the Bay Area. I’m in Arizona visiting family and am thinking of an investment property. Does anyone have a book/course/video that they personally have used and recommend for flipping houses? I want to do some research there’s a lot of content out there.
Thanks a bunch!

like

Just paid off student debt, have around 7K in savings - any tips on what to do ? Should I save up more till i hit 25-30K (do have a wedding potentially coming up in 2 years) or start dumping all money into stocks and btc? Currently putting 10% to Roth and make 100K pre tax income if that’s any help

like

Currently in a situation where I am getting my new built home in October but want to sell my current condo now when the market is still reasonable. Is it possible to sell but be able to stay at the condo few more months?

like

Why is the market going back up already? Is this how it was in 2008? Should I keep my 401k same or increase?

like

I know there is no black & white answer, but what’s your thought process in deciding when to sell and keep the profit?

like

Anyone have experience with Donut app? And their 4% APY? Had any issues pulling money back out? Whats the risk here?

like

Are there resources available for H1b holders thinking to invest? Less than 1year into career and have 10k sitting not sure what to do with it... I’m still unsure if I’ll be in the states long term..

like

Is Deloitte allowed to use Robinhood? It's not a robo adviser and obviously you wouldn't invest in your clients. Or wealthfront?

like

I started a small LLC on the side. My company is getting it's first client this month.

Wondering if any 🐟 have recommended resources on setting up initial consulting business thru an LLC.

Books, websites, tax strategies etc.

My LLC is already incorporated, but looking for guidance with the next steps (creating contracts, invoices, etc)

likeuplifting

Any thoughts on the ETF, OGIG (O’Shares Global Internet Giants)?

It is from Kevin O’Leary’s fund.

like

Should I be putting my $ somewhere else other than my bank account to save for a house?

like

Which app do you use to buy stocks? Is cash app safe or should I go the old school route of Fidelity or Charles Schwab?

like

What stocks are you betting on for 2018?

like

New to trading and investing in equity. Have $200k in equity and $20k in MUNI bonds. How do you plan to diversify?

Diversification is for protecting the wealth but concentration is for creating. Agree or disagree?

like

Thoughts on Amazon credit card? I’ve been hearing about some good perks, but not sure if I should go with something like AMEX/Chase instead

like

If I max out my traditional 401k and have a mortgage interest deduction to against my w-2 taxes does it mean I can pay way less taxes than a average person who makes same amount salary as me?

I've been allocating 100% of my Roth IRA funds to Vanguards target retirement fund 20XX. Should I keep doing this or do I need to start getting into VTI/VOO/VTSAX as everyone in this bowl is so fond of?

like

Thoughts on below upcoming IPOs?
1) Clear Secure
2) Krispy Kreme

like

Anyone concerned with the dip in the market now? Both brokerage and 401k has taken hit. What are different things you folks are doing??

likefunny

New to Fishbowl?

Download the Fishbowl app to
unlock all discussions on Fishbowl.
That was just a preview…
Sign Up to see all discussions
  • Discover what it’s like to work at companies from real professionals
  • Get candid advice from people in your field in a safe space
  • Chat and network with other professionals in your field
Sign up in seconds to unlock all discussions on Fishbowl.

Already a user?
Login here

Share

Embed this post

Copy and paste embed code on your site

Preview

Download the
Fishbowl app

See what’s happening in your industry
from the palm of your hand.

A phone with Fishbowl app

Scan your QR code to download
Fishbowl app on your mobile

Download app

Sign up for free to view this conversation on Fishbowl

By continuing you agree to Terms of Use and Privacy Policy

Already have an account? Log in

Sign up for free to continue using Fishbowl

By continuing you agree to Terms of Use(New) and Privacy Policy(New)
Messaging rates may apply

Already have an account? Log in

For account settings, visit Fishbowl on Desktop Browser or

General

Legal